Bon Natural Life Limited (NASDAQ:BON) Sees Significant Drop in Short Interest

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 12,398 shares, a drop of 55.4% from the May 14th total of 27,788 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 12,225 shares, the short-interest ratio is currently 1.0 days.

Bon Natural Life Trading Down 8.8%

NASDAQ:BON traded down $0.13 on Friday, hitting $1.35. The stock had a trading volume of 40,543 shares, compared to its average volume of 26,116. The company has a current ratio of 1.74, a quick ratio of 1.61 and a debt-to-equity ratio of 0.01. Bon Natural Life has a 1 year low of $1.13 and a 1 year high of $3.40. The firm’s fifty day simple moving average is $1.29 and its two-hundred day simple moving average is $1.51.

Bon Natural Life Company Profile

Bon Natural Life Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of functional active ingredients extracted from natural herb plants in the People’s Republic of China and internationally. The company provides personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; natural health supplements comprising powder drinks and bioactive food ingredient products primarily used as food additives; and nutritional supplements.